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Foreign earnings tax break could add 2.9 million jobs, study says

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Foreign earnings tax break could add 2.9 million jobs, study says

Post by gigichicago on Mon Sep 12, 2011 3:14 pm

Foreign earnings tax break could add 2.9 million jobs, study says

Temporarily reducing the tax rate on the foreign earnings of U.S. companies would lure back $700 billion in profits held abroad, the U.S. Chamber of Commerce says. The Obama administration opposes a break that is not part of broader corporate tax reform.

http://www.latimes.com/business/la-fi-foreign-earnings-jobs-20110908,0,6531811.story
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Re: Foreign earnings tax break could add 2.9 million jobs, study says

Post by requete' on Tue Sep 13, 2011 3:35 pm

Great !!! And Bank of America recently announced that they are cutting 30,000 jobs !!! Wonder where THEY are going ???
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Re: Foreign earnings tax break could add 2.9 million jobs, study says

Post by new_wave_princess on Tue Sep 13, 2011 5:17 pm

Common sense but neither party cares. I've heard some terrible stories that more and more call center jobs are going overseas. BOA loans need to be pulled ASAP because I am tired of giving tax breaks to outsourcing companies.
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Re: Foreign earnings tax break could add 2.9 million jobs, study says

Post by KeeptheFaith on Tue Sep 13, 2011 6:18 pm

I agree end the tax breaks.......and bring back the profits to create jobs........This is a no brainer to me but I guess having a little common sense is too much to ask for......
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Re: Foreign earnings tax break could add 2.9 million jobs, study says

Post by requete' on Thu Sep 15, 2011 2:28 pm

Politicians are ruled by how deep their pockets are, and how much they can put into them. Common sense - they don't have any !!!!! WE lost our Democracy when we started to allow elected Officials to represent us, and became a Republic !!!


Last edited by requete' on Thu Sep 15, 2011 2:30 pm; edited 1 time in total (Reason for editing : additional comment)
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Re: Foreign earnings tax break could add 2.9 million jobs, study says

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